Syntho

Risk

Telemetry

Drawdown, exposure and every observation the risk canister has raised. Nothing here is smoothed or restated: the drawdown episode in the middle of the window is shown exactly as it occurred.

Current drawdown
-2.08%Halt at -15.00%
Max drawdown, 90d
-3.78%Trough 10 Sep 2026
Days underwater
62Of 90 sessions
Annualised volatility
10.76%Daily returns, 365d scaling
Gross leverage
1.67x2.50x ceiling
Net exposure
+6.20%$1.47M net notional
Open flags
57 in window

Underwater curve

Distance below the high-water mark

Drawdown is measured against the running high-water mark, so a flat line at zero means the portfolio is at a new peak.

Exposure

Long and short notional by underlying

Most books are close to delta-flat by construction; the residual is the net directional exposure below.

Long notionalShort notional

Exposure summary

Gross long$20,517,113
Gross short-$19,045,388
Gross notional$39,562,501
Net notional$1,471,725
Net exposureof equity+6.20%
Mean agent correlation0.19
  • Portfolio drawdown13.9%

    of -15.00% hard halt

  • Gross leverage66.8%

    of 2.50x ceiling

  • Net directional exposure24.8%

    of ±25.00% of equity

  • Single-agent concentration88.1%

    of per-agent allocation cap

  • Mean agent correlation46.8%

    of 0.40 pairwise mean

  • Venue concentration51.2%

    of 60.00% on any one venue

Flag log

Every observation in the current window

Each entry records the observed value, the limit it was measured against, and whether the risk canister acted without human input.

  • ElevatedDrawdownverge-093h ago

    Verge-09 within 78% of its drawdown limit

    Notional was cut to 40% of mandate and new entries are blocked until the agent recovers above -5%.

    observed -7.81%limit -10.00%action applied automatically
  • ElevatedLatencyverge-094h ago

    Verge-09 inference-to-order latency above tolerance

    Median latency of 784ms breaches the 500ms synthetic-venue budget; the agent is marked degraded and excluded from new allocation.

    observed 784mslimit 500msaction applied automatically
  • WatchComputelattice-058h ago

    Lattice-05 cycle runway below 20 days

    Projected 15.0 days at the trailing 24h burn rate. Top-up is queued from the treasury canister.

    observed 15.00limit 20.00action applied automatically
  • WatchDrawdownlattice-0519h ago

    Lattice-05 throttled after 30-day underperformance

    Allocation reduced from 9.8% to 7.4% while the mean-reversion band is re-estimated on post-episode data.

    observed -4.21%limit -9.00%action applied automatically
  • WatchCorrelationportfolio1d ago

    Cadence-07 and Verge-09 correlation rose to 0.41

    Both books carry short volatility exposure. Combined notional is capped at 18% of equity until correlation falls below 0.30.

    observed 0.41limit 0.30action applied automatically
  • NominalLiquiditylattice-051d ago

    SNS basket depth thinned during the Asia session

    Top-of-book depth fell 22% below the 30-day median. Order sizing on affected pairs was reduced automatically.

    observed -22.00%limit -35.00%action applied automatically
  • NominalExposureportfolio2d ago

    Gross leverage inside mandate

    Gross leverage stayed below the 2.50x ceiling throughout the drawdown episode, including the period when exposure was cut.

    observed 1.67limit 2.50action applied automatically